BetOnMarkets - Bet On Markets

Spread betting at sites such as BetOnMarkets is becoming more and more popular for investors who are looking to profit from the various world trading markets. However, like most other forms of investment, spread betting and betting in general is taxable in many countries and jurisdictions but thanks to a law change in 2001, spread betting in the UK is tax free.

For generations, gamblers in the UK had to pay a levy on either their stakes or their winnings but on the 6th October 2001 the then government abolished all taxes on betting. This led to an increase in all forms of gambling, especially financial betting, which instantly become more favourable to traders than traditional investment methods that carried tax levies.

Read more

BetOnMarkets - Bet On Markets

The trading week has just drawn to a close and it was a great ending for anybody with US dollars bets on their books. Bettors at BetOnMarkets saw the US dollar thrive on Friday as news of strong consumer sentiment, coupled with other key factors, propelled the greenback up the charts.

The dollar was pretty much up right across the board as the US released details of its strongest consumer sentiment figures for just under six years, something that anybody who was betting on the dollar at BetOnMarkets today became well aware of. However, it wasn’t just this news that favoured the dollar during Friday’s trading sessions. With these encouraging figures being brandished about, there is now every possibility that, as a knock on effect, we will see the US Federal Reserve starting to curb its quantitative easing program, something that many investors and traders believe will happen.

Read more

Online spread betting is very often touted as a quick and easy way to make money but this isn’t exactly the case. Admittedly, you can make very quick money by placing the right bets but likewise you can also lose your money just as quickly, if not quicker, if you fail to follow some basic rules. Limiting your losses when spread betting isn’t rocket science and it can easily be achieved by using simple, yet effective stop loss functions.

Primarily, you will come across three kinds of stop losses; standard stops, guaranteed stops and trailing stops. Each of these spread betting facilities offers its own pros and cons, as we will explain.

Read more

BetOnMarkets - Bet On Markets

In most instances of trading and investment, volatile markets should be approached with caution. This is because, as a rule of thumb, with traditional trading and investment, you can only really make profits when markets are on the up. However, spread betting at companies like BetOnMarkets allows you to profit from both rising and falling markets. This makes volatile spread betting markets much more appealing than volatile stock markets or currency pairs, for example.

One of the most profitable ways for an experienced spread better to make money in a hurry is by short selling volatile markets. Instead of betting that a market will strengthen and improve in value, short-selling or ‘betting the shorty’ as it’s also known requires you to bet that a market will fall in price.

Read more

BetOnMarkets - Bet On Markets

Spread betting at BetOnMarkets and other leading betting firms is an increasingly popular form of investment for traders in the UK. This is because of the tax free status that betting receives in Britain. With this increase in popularity comes an influx of inexperienced spread bettors and it’s for all of you newbies that we’ve written this Dos and Don’ts of Spread Betting guide, which offers common sense advice that should steer you on the right track.

Spread betting can be a lucrative way to profit from your investments but, as profitable as spread betting can be, it can be equally as expensive when things go wrong and you can lose a huge amount of money in seconds! Therefore, you should take heed of the following tips for successful betting.

Read more

Leading sports spread betting firm, Sporting Index are one of just a few bookmakers who lost money taking bets on the Grand National a little over a week ago thanks to a 66 to 1 shot coming home first. It was certainly a bad day at the races for Sporting Index, who are reported to have lost £50,000 on the race. This isn’t the first time that Sporting Index have taken a hit on ‘National Day’. In 2009 Sporting Index were ‘taken to the cleaners’ when 100 to 1 shot when Mon Mome romped home first.

Because spread betting pays out based on the accuracy of a bet, as opposed to simply winning or losing, the fact that a 66 to 1 shot came home by a country mile spelled disaster for any bookie laying that spread bet, as the case was for Sporting Index when Auroras Encore cruised to victory at Aintree. Prior to the start of the race, bookies at Sporting Index had predicted the winner’s starting price would be between 18 and 20 to 1 but, at 66 to 1, they got it very wrong!

Read more

Ladbrokes

When you think about fixed odds financial betting the first name that springs to mind may not be Ladbrokes. Famed for their presence at the UK’s leading racecourses and on the high street of just about every town and city in the UK, Ladbrokes also offers both spread betting and fixed odds financials online at www.ladbrokes.com. And, to get you started, there’s a free £5 match bet at Ladbrokes, giving you the chance to double your winnings on your first punt.

The idea is simple. Firstly, you must register for a new Ladbrokes Financials account, which you can do quickly and simply at www.ladbrokes.com. Once you have registered for your new online financial betting account you must then fund your account with at least £5, which you can do using the following methods; Visa, MasterCard, Visa Delta, Maestro, Switch, Solo, Western Union, NETeller, bank transfer and others. Once you’ve funded your new Ladbrokes Financials account you must place your first fixed odds financial bet, which Ladbroke will match up to a maximum of £5. This means that if you pick a winner on your first go your payout will be doubled, kick-starting your times at Ladbrokes Financials. Your free bet will be credited into your Ladbrokes Financials account within 72 hours of your first bet being placed.

Read more

IG Index

A study undertaken by Cass Business School back in 2006 showed that women made up for no more than 10 per cent of spread betters, with the largest demographic being male, middle-aged and professional. However, have these numbers changed five years later or is spread betting still a man’s game?

When the study was carried out many leading spread betting firms such as IG Index said that they would attempt to target women in their marketing in a bid to attract a larger number of female spread betters. However, we’re five years down the line and it would seem as though the marketing campaigns have failed, if they ever really took place at all. The number of women spread betting is still around the 1 in 10 mark, which is no improvement on the 2006 numbers.

Read more

IG Index

Spread betting is fast becoming the most popular method of investment, especially among younger UK-based investors, which is why on the world’s leading spread betting companies now offers a new way to trade that’s aimed at people who are on the move. PureDeal mobile spread betting from IG Index is a great new way to place bets, check your accounts status and positions and get the latest prices and offered bets all from your mobile phone of PDA.

There are four versions of the PureDeal mobile spread betting software at IG Index; iPhone, Android, BlackBerry and Mobile. This means that most of the popular mobile devices are suitable to use at IG Index.

Read more

Spread Co

Speculators at sites such as Spread Co will be keeping a keen eye on Mr Osborne’s announcements later on this week. This is because it is budget week in the UK and once again there’s the small matter of tax but will spread betting remain tax-free or will the Chancellor of the Exchequer make a huge u-turn regarding the tax status of spread betting?

Currently in the UK, profits from spread betting are exempt from taxation providing that your spread betting profits don’t constitute your main source of income. Spread betters are also normally exempt from the massive 18 per cent Capital Gains Tax suffered by traditional share traders. It is unlikely that either of these conditions will be altered but in a time when inflation has risen to a two-year high of 4.4 per cent and as the economy’s growth has slowed it’s far from a certainty that spread betting will remain tax-free.

However, for all of this leeway from the treasury spread betters are penalised too. You may not have to pay tax on any profits earned while spread betting, in the same way that a punter placing a bet in the bookies doesn’t, but this means that you are unable to write off any trading losses against your end of year tallying up.

If you want to try your hand at spread betting or if you’re looking for a new place to make your bets visit www.spreadco.com, where you will benefit from tight spreads, no commission or hidden charges plus a huge choice of markets to make your bets on. Head over to Spread Co today to start tax-free betting.